Malaysia Inflation

Malaysia

Malaysia: Inflation increases in October

November 21, 2014

Consumer prices increased 0.5% in October over the previous month, which was up from the 0.2% rise tallied in September. October’s result, the highest since January, was mainly driven by a spike in transport costs.

Annual inflation increased from 2.6% in September to 2.8% in October. The result was below market expectations of a 3.0% expansion. Annual average inflation held at September’s 3.2% in October, which marked the highest level in almost three years.

FocusEconomics Consensus Forecast panelists expect inflation to average 3.3% in 2014, which is unchanged from last month’s projection. For 2015, the panel sees inflation rising to 3.6%.


Author:, Economist

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Malaysia Inflation October 2014 0

Note: Annual and monthly variation of consumer price index in %.
Source: Department of Statistics Malaysia (DSM).


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